Point of Sale (POS)   Point of Sale (POS): The merchant location that sales transaction take place at. View  Glossary and Payment Processing Terms

Payment Gateway   Payment Gateway: A software that enable ecommerce and handle payment transactions electronicly. It is similar to a terminal but it is digital. View  Glossary and Payment Processing Terms

PIN Pad   PIN Pad: A device that cardholders use to enter there PIN. View  Glossary and Payment Processing Terms

PIN Authorization Request   PIN Authorization Request: The card issuer verifies the cardholder identity by the PIN. View  Glossary and Payment Processing Terms

PIN (Personal Identification Number)   PIN (Personal Identification Number): A code used by a card holder to verify card ownership at point of sale. View  Glossary and Payment Processing Terms

PCI Non-Validation Fee   PCI Non-Validation Fee: Merchants that do not complete PCI validation form are charged a PCI NON-Validation Fee View  Glossary and Payment Processing Terms

PCI-DSS   PCI-DSS: The Payment Card Industry Data Security Standard is an information security standard for organizations that handle branded credit cards from the major card schemes. The PCI Standard is mandated by the card brands and administered by the Payment Card Industry Security Standards Council. https://en.wikipedia.org/wiki/Payment_Card_Industry_Data_Security_Standard View  Glossary and Payment Processing Terms